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$1,658,000

Active
269-271 Queen Mary Street, Ottawa, ON· Overbrook/Castle Heights
6+2
Bedrooms
8
Bathrooms
2500-3000
Sq Ft
$553–$663
Per Sq Ft
4
Built-In Parking

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About this Property

Welcome to 271/269 Queen Mary; a 4 unit building composed of 2 semi-detached duplex's in a prime Ottawa location. This modern 2-storey build offers exceptional flexibility for investors and owner-occupants alike, featuring a self-contained basement apartment on each half with their own private separate entrances. The upper units showcase contemporary finishes, large open-concept main floor layouts, and bright, well-proportioned living spaces designed for today's lifestyle. The open concept kitchens are complete with beautiful quartz countertops and modern stainless steel appliances making the space highly usable and very appealing to tenants. The main floor spaces are complemented by premium powder rooms and large closets. Upstairs offers 3 large bedrooms, a 5 piece bathroom and a large 4 piece ensuite in each unit. Laundry is made easy as there are side by side washer/dryer combos on the second level. Enjoy morning coffees and endless sunsets on the south facing 2nd level decks! The lower 1 bedroom units are fully independent, providing excellent rental income potential or multigenerational living flexibility. Follow the beautiful interlock to the backyard where you are met by private staircases and sizeable landings before entering. The open concept kitchens, living and dinning areas make the spaces feel large and allows light to flood into the living spaces. The basement units enjoy the same premium stainless steel kitchen appliances and quartz countertops found in the upper units. Complete with beautiful 3 piece bathrooms and their own laundry machines, these units provide amazing livability and value to anyone who enjoys the space. 269 Main-Floor unit rented for $3000/month. 271 Main-Floor unit is vacant. Basement of 269 is vacant. Basement of 271 pays $1700/month. Tenant pays heat/hydro/T.V/internet. Owner pays water/gas/insurance/taxes/snow removal. Landlord insurance roughly $6000/year. Water averages about $92.5/month (combined for all units).

Listed by FIRST CHOICE REALTY ONTARIO LTD. · MLS# X13680950

About Vanier

Urban Revitalizing · Avg $500K

Vanier is a compact urban neighbourhood located just east of the Rideau River from downtown Ottawa, undergoing a significant revitalization that has caught the attention of savvy buyers, investors, and first-time homeowners looking for affordable central living with strong appreciation potential. Once a separate francophone municipality before amalgamation, Vanier retains a distinctive French-Canadian cultural identity while embracing the multicultural diversity that has become one of its defining characteristics.

Avg Home Price$500K
Walk Score80
To ByWard Market10 min
Drive to Downtown8 min
View Full Vanier Guide

Features & Details

Property details of 269-271 Queen Mary Street, Ottawa, ON

Property TypeFourplex
Style2-Storey
Size2500-3000 sq ft
BasementApartment, Finished, Finished with Walk-Out, Full, Separate Entrance, Walk-Out, Walk-Up
Total Parking4

Mortgage Calculator

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%
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Mortgage Payment$8,145/monthly
Principal54%
Interest46%
Principal Amount$1,326,400
Interest$1,117,177
Total Payable$2,443,577
Amortization25 years

* Estimate only. Consult a mortgage broker for accurate figures.

Cash Flow Analysis

Mortgage payment$8,145
Mortgage + Expenses$8,145
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$
$
$
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Monthly Cash Flow-$8,145

* Estimate only. Consult a mortgage broker for accurate figures.

5.0 · 70+ Google reviews
Akash Sharma

Akash Sharma

REALTOR® · Ali Realty Group Inc.

Ottawa's trusted real estate partner with 170+ successful transactions and $30M+ in sales.

$1,658,000

269-271 Queen Mary Street, Ottawa, ON